Swedbank AB Purchases 2,580 Shares of BlackRock $BLK

Posted by Francis Steltz on May 24th, 2026

Swedbank AB grew its position in shares of BlackRock (NYSE:BLK – Free Report) by 3.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 89,048 shares of the asset manager’s stock after buying an additional 2,580 shares during the quarter. Swedbank AB’s holdings in BlackRock were worth $95,312,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Shum Financial Group Inc. raised its holdings in shares of BlackRock by 0.4% in the 4th quarter. Shum Financial Group Inc. now owns 2,183 shares of the asset manager’s stock worth $2,336,000 after purchasing an additional 9 shares during the period. First Bancorp Inc ME raised its holdings in shares of BlackRock by 2.9% in the 4th quarter. First Bancorp Inc ME now owns 321 shares of the asset manager’s stock worth $344,000 after purchasing an additional 9 shares during the period. Rather & Kittrell Inc. raised its holdings in shares of BlackRock by 2.1% in the 4th quarter. Rather & Kittrell Inc. now owns 430 shares of the asset manager’s stock worth $461,000 after purchasing an additional 9 shares during the period. Oakworth Capital Inc. raised its holdings in shares of BlackRock by 1.2% in the 4th quarter. Oakworth Capital Inc. now owns 755 shares of the asset manager’s stock worth $808,000 after purchasing an additional 9 shares during the period. Finally, Davidson Kahn Capital Management LLC raised its holdings in shares of BlackRock by 5.2% in the 3rd quarter. Davidson Kahn Capital Management LLC now owns 202 shares of the asset manager’s stock worth $236,000 after purchasing an additional 10 shares during the period. Institutional investors own 80.69% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on BLK. UBS Group lifted their price target on shares of BlackRock from $1,235.00 to $1,270.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. Evercore reaffirmed an “outperform” rating and issued a $1,220.00 price target on shares of BlackRock in a report on Wednesday, April 15th. CICC Research lifted their price target on shares of BlackRock from $1,000.00 to $1,250.00 in a report on Tuesday, February 3rd. Barclays lifted their price target on shares of BlackRock from $1,290.00 to $1,310.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Finally, TD Cowen lowered their price target on shares of BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating on the stock in a report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,269.06.

View Our Latest Research Report on BlackRock

Insider Buying and Selling at BlackRock

In other BlackRock news, President Robert Kapito sold 8,739 shares of the business’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $1,056.60, for a total transaction of $9,233,627.40. Following the sale, the president owned 210,186 shares of the company’s stock, valued at $222,082,527.60. The trade was a 3.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director J. Richard Kushel sold 385 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $1,084.91, for a total transaction of $417,690.35. Following the sale, the director directly owned 3,335 shares in the company, valued at $3,618,174.85. The trade was a 10.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 45,249 shares of company stock worth $47,671,714. 1.92% of the stock is owned by insiders.

BlackRock Trading Up 0.9%

Shares of BLK stock opened at $1,073.03 on Friday. The company’s fifty day simple moving average is $1,018.09 and its two-hundred day simple moving average is $1,054.00. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.09 and a quick ratio of 4.09. BlackRock has a 1 year low of $917.39 and a 1 year high of $1,219.94. The stock has a market capitalization of $166.57 billion, a price-to-earnings ratio of 26.93, a PEG ratio of 1.40 and a beta of 1.44.

BlackRock (NYSE:BLK – Get Free Report) last issued its earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.40 by $0.13. BlackRock had a net margin of 24.40% and a return on equity of 14.74%. The business had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $6.56 billion. During the same quarter in the previous year, the firm posted $9.64 EPS. The business’s revenue for the quarter was up 27.0% compared to the same quarter last year. As a group, analysts anticipate that BlackRock will post 52.8 earnings per share for the current year.

BlackRock Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Friday, June 5th will be issued a dividend of $5.73 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $22.92 dividend on an annualized basis and a yield of 2.1%. BlackRock’s payout ratio is presently 57.53%.

BlackRock Profile

(Free Report)

BlackRock, Inc is a global investment management firm that provides a broad range of products and services to institutional, intermediary and individual investors. Its core activities include portfolio management across active and index strategies, exchange-traded funds (ETFs) under the iShares brand, fixed income, equity and multi-asset solutions, as well as alternatives such as private equity, real estate and infrastructure. The firm also offers cash management and liquidity solutions and retirement-focused products designed for defined contribution and defined benefit investors.

In addition to traditional investment management, BlackRock is known for its technology and risk management capabilities, most prominently its Aladdin platform, which combines portfolio management, trading and risk analytics and is used both internally and licensed to external clients.